Steady, predictable cash flow is the life blood of any business, but ensuring that all monies due are paid as and when they fall due can be a problem for many businesses.
Most small business owners are keen to get on with the exciting job of building their businesses, supplying their goods and services to existing customers, developing new relationships and developing or expanding their product range, while the, admittedly, critical task of good credit management or debt collection can seem a bit of a chore.
Some companies choose to outsource their invoices through a factoring or invoice discounting arrangement, and while such arrangements ensure cash flow, they are can be costly both in terms of income and reputation.
What we all need is someone who will deal with our slow paying or defaulting customers professionally and effectively without damaging any ongoing customer relationships we may choose to maintain. After all, there can be many reasons why a company isn’t settling the invoice. It may simply have been overlooked, the goods may have been damaged or not to specification, they may be having a few difficulties which will shortly be resolved – all issues which can be handled simply and sympathetically, strengthening the relationship with that customer.
Access Credit Management is proud of their many longstanding customer relationships and proven track record in the industry. They are widely recognised as leaders in their field and offer many years of experience in dealing with slow paying debtors. They also have an enviable reputation for securing and recovering outstanding commercial debt from around the world.
MD, John Cardwell, rather ruefully admits to having over 30 years’ experience of working in consumer and business finance, including setting up Access Credit Management over 16 years ago, so really understands the issues that many companies face. He attributes the company’s success to their ability to evaluate, negotiate and create circumstances within which problem debt situations can be successfully resolved.
John explains, saying, “We take the time to understand your business needs. So, whether you require assistance to develop or revise your company credit policy and procedures, require credit information or need a full or partial outsourced credit control service, we are able to offer a tailored solution that meets with your requirements.”
They will carry out a detailed evaluation of your problem debt or portfolio to produce a realistic estimate of the likelihood of collection and recommend and implement a cost effective recovery strategy, doing their best to avoid litigation.
Should you be concerned that this level of expertise might be expensive, or that chasing the debt might end up costing more than you’re actually owed, Access Credit Management operate on a no-win, no-fee basis, allowing you to concentrate on what you enjoy and do best – running your business.
John said “We constantly strive to assist our clients to trade with confidence with existing and future customers on a national and international basis and our continued success has been built upon providing a service that meets with our clients' requirements”.
To see how Access Credit Management can assist your business cashflow, give them a call on +44(0)207 305 5059 or visit the web site, www.accesscm.co.uk.
ACM, established in March 2000, continues to be rated as a credit worthy business by leading providers of commercial credit information and is a member of the International Association of Credit and Collection Professionals.